{"id":666027,"date":"2026-10-26T17:48:28","date_gmt":"2026-10-26T17:48:28","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/666027\/"},"modified":"2026-10-26T17:48:28","modified_gmt":"2026-10-26T17:48:28","slug":"scoop-lagos-lifes-parent-company-is-in-talks-to-raise-a-2-5-million-pre-seed-round","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/666027\/","title":{"rendered":"SCOOP: Lagos Life\u2019s parent company is in talks to raise a $2.5 million pre-seed round"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Vatar, the company behind Lagos Life, is in talks to raise additional funding, according to sources familiar with the matter.<\/p>\n<p class=\"wp-block-paragraph\">The company is targeting a $2.5 million pre-seed round at a $15 million valuation, following <a href=\"https:\/\/thecondia.com\/vatar-lagos-life-raises-500000-pre-seed\/\" rel=\"nofollow noopener\" target=\"_blank\">a $500,000 angel round<\/a> that valued it at $10 million. The angel round attracted investors, including Flutterwave founder Olugbenga Agboola, Oo Nwoye, Mono founder Abdulhamid Hassan, and Terra Industries CEO Nathan Nwachukwu, barely a week after the company launched this month.<\/p>\n<p class=\"wp-block-paragraph\">Sources familiar with the matter said the ongoing fundraise has also involved discussions at a $30 million valuation.<\/p>\n<p> Read the full story for freeThis story is free for Condia Insiders only.<\/p>\n<p class=\"condia-paywall-sub\">Keep reading free. Join the community at the forefront of African tech.<\/p>\n<p>   Continue with Google   Continue with email <\/p>\n<p class=\"condia-paywall-signin\">Already an Insider? <a href=\"#\" class=\"js-condia-modal\" data-tab=\"login\">Sign in<\/a><\/p>\n<p class=\"condia-post-update-note\">Last updated: October 23, 2026<\/p>\n","protected":false},"excerpt":{"rendered":"Vatar, the company behind Lagos Life, is in talks to raise additional funding, according to sources familiar with&hellip;\n","protected":false},"author":2,"featured_media":666028,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[72,191,1302,1446,213,61,60,282145,282146],"class_list":["post-666027","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-business","tag-entrepreneurship","tag-exclusive","tag-funding","tag-gaming","tag-ie","tag-ireland","tag-lagos-life","tag-shalom-rayhamen"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/666027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=666027"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/666027\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/666028"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=666027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=666027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=666027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}